4th Oct 2013 07:00
4 October 2013
Vertu Motors plc ("the Group")
Change of Joint Corporate Broker
The Group announces that Liberum Capital has been appointed to replace Espirito Santo Investment Bank as joint corporate broker, alongside Panmure Gordon which continues to act as joint corporate broker, NOMAD and financial adviser to the Group.
The Group will announce its Half Year results on 16th October 2013.
For further information please contact:
Vertu Motors plc | |
Robert Forrester, CEO | Tel: 0191 491 2111 |
Michael Sherwin, FD | Tel: 0191 491 2114 |
Panmure Gordon (UK) Limited | |
Hugh Morgan | Tel: 020 7886 2500 |
Callum Stewart | |
Liberum Capital Limited | |
Peter Tracey Simon Stilwell
| Tel: 020 3100 2000 |
FTI Consulting | |
Billy Clegg | Tel: 020 7831 3113 |
George Parker
Notes to Editors
Vertu Motors is the sixth largest automotive retailer in the UK with a network of 97 sales and aftersales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors, Vertu Honda, Vertu Volkswagen, Farnell land Rover and Macklin Motors brand names.
Vertu Motors was established in November 2006 with the strategy to consolidate the UK motor retail sector. It is intended that the Group will continue to acquire motor retail operations to grow a scaled dealership group. The Group's acquisition strategy is supplemented by a focused organic growth strategy to drive operational efficiencies through its national dealership network. The Group currently operates 95 franchised sales outlets and 2 non-franchised sales operation from 79 locations across the UK. Vertu Motors group websites - www.vertumotors.com / www.vertucareers.com
Vertu Motors brand websites - www.bristolstreet.co.uk / www.vertuhonda.com / www.macklinmotors.co.uk / www.farnelllandrover.com / www.vertuvolkswagen.com
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